Salisbury Bancorp, Inc. (NASDAQ:SAL) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokerages have set a 12 month consensus price target of $47.00 for the company and are forecasting that the company will post $0.83 EPS for the current quarter, according to Zacks. Zacks has also given Salisbury Bancorp an industry rank of 161 out of 256 based on the ratings given to its competitors.
A number of research firms recently commented on SAL. FIG Partners restated an “outperform” rating on shares of Salisbury Bancorp in a research report on Tuesday, April 30th. ValuEngine lowered Salisbury Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th.
A hedge fund recently raised its stake in Salisbury Bancorp stock. Dimensional Fund Advisors LP boosted its position in shares of Salisbury Bancorp, Inc. (NASDAQ:SAL) by 8.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,389 shares of the bank’s stock after buying an additional 2,843 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.26% of Salisbury Bancorp worth $1,280,000 as of its most recent SEC filing. 8.21% of the stock is owned by hedge funds and other institutional investors.
SAL stock opened at $38.95 on Thursday. Salisbury Bancorp has a 1-year low of $33.20 and a 1-year high of $48.44. The company has a market capitalization of $109.40 million, a PE ratio of 12.33 and a beta of 0.50. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.01 and a current ratio of 1.01.
Salisbury Bancorp (NASDAQ:SAL) last released its quarterly earnings data on Friday, April 26th. The bank reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.06. Salisbury Bancorp had a return on equity of 8.66% and a net margin of 18.08%. The company had revenue of $10.46 million for the quarter, compared to analyst estimates of $10.90 million. Analysts forecast that Salisbury Bancorp will post 3.43 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, May 31st. Investors of record on Friday, May 17th were given a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $1.12 dividend on an annualized basis and a yield of 2.88%. Salisbury Bancorp’s dividend payout ratio (DPR) is presently 37.21%.
About Salisbury Bancorp
Salisbury Bancorp, Inc operates as the bank holding company for Salisbury Bank and Trust Company that provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services. It offers various retail and commercial deposit products. The company also provides loans, such as residential and commercial real estate loans; construction loans; commercial loans; and consumer loans, including home equity loans and lines of credit, and auto and personal installment loans.
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